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833 W 84th Street, Los Angeles, CA, 90044

833 W 84th Street

$4,750,000

Key Information

Cap Rate
9.06%
$ per SF
$359
Tot. SF
13,224
Lot Size
0.21 Acres
Units
21
Year Built
2026
Type
Apartments
NOI
$430

Highlights

• Seller Financing Available – Ownership is willing to provide competitive seller financing, with flexible terms that may be structured to meet the needs of a qualified buyer.
• Brand-New Construction – Turnkey affordable housing asset featuring modern construction, energy-efficient systems, and minimal near-term capital expenditure requirements.
• Exceptional Affordable Housing Demand – Located in one of Los Angeles’ most undersupplied affordable housing markets, where demand for quality income-restricted housing consistently exceeds available inventory.
• Stable Long-Term Cash Flow – Affordable housing benefits from historically strong occupancy fundamentals, providing investors with durable income backed by essential housing demand.
• High Barrier-to-Entry Market – New multifamily development in Los Angeles remains constrained by limited land availability, rising construction costs, and lengthy entitlement timelines, enhancing the long-term value of newly built assets.

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245